Accenture cut jobs

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So we're making sure According to the report, Sweet had said "chargeability", or the amount of working hours its staff could attribute to paying clients, had dropped below 90 percent for the first time in a decade, and performance metrics were being used to target staff to "transition out" of the company. Layoffs at Accenture first came to light when the US media reported about hundreds of jobs cuts in the UK. According to a 1 July report in The Guardian, the company was slashing up to jobs in the UK to reduce costs in the face of lower demand for its services.

Every year, as part of our performance process, we have conversations with our people about how they are performing, areas for improvement, their potential to progress, and whether they are a long term fit for Accenture.

This year, across all parts of our business and all career levels, we will identify approximately five perscent of our people as our lowest performers, and these individuals will transition out of Accenture. This is consistent with our actions each year. We continue managing our business for the long term and critical to this is ensuring we have the right people with the right skills to best serve our clients. In India, we continue to hire, and as part of our ongoing compensation programs, we also recently recognized a number of our people with bonuses and promotions.

IBM too has reportedly laid off about 2, employees globally. Did you find this story helpful? What is your top focus area for reinventing work in the hybrid world of work? Intel Corporation Juniper Networks, Inc. Share this. Learn More: Network-Systems Management. TO TOP. Apply For Tech Elite. Partner Program Guide - Apply Now. Women of the Channel - Apply Now.

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